Goal Based Investing

Goal-based investing is a method of saving and investing for specific financial goals. This approach helps you to plan and save for each goal separately, which can help you to stay on track and reach your goals on time.

The benefits of goal-based investing
There are many benefits to goal-based investing, including:
  1. Clarity: Having a clear financial goal in mind can help you to stay focused and motivated when saving and investing.
  2. Progress tracking: Goal-based investing makes it easy to track your progress towards your goals, so you can see how you're doing and make adjustments as needed.
  3. Risk management: Goal-based investing allows you to tailor your investment strategy to your specific risk tolerance and time horizon.
  4. Flexibility: Goal-based investing gives you the flexibility to change your goals or investment strategy as your needs and circumstances change.

How to get started with goal-based investing
If you're interested in getting started with goal-based investing, here are a few steps you can take:
  1. Identify your goals. What are the financial goals that you're most interested in achieving? These could include things like saving for a down payment on a home, retirement, or your child's education.
  2. Estimate the cost of your goals. How much money will you need to reach each of your goals? This will help you to determine how much you need to save each month.
  3. Choose your investment strategy. Once you know how much you need to save, you can choose an investment strategy that's appropriate for your risk tolerance and time horizon.
  4. Start saving and investing. Once you have a plan in place, start saving and investing for your goals today!

Our financial goal calculator
Our financial goal calculator can help you to determine how much you need to start investing every month if you want to accumulate a certain sum for your goal. Simply enter the amount you want to save, the time horizon, and your risk tolerance and the calculator will tell you how much you need to invest each month.